Quote Originally Posted by Daytr View Post
Actually the Kiwi hit about 55c only a little over a year ago.
Quite right, and even .5469 about 3 years ago, but a lot of water has flown under the bridge since then.
NZ economy is on a surer footing, Covid and its related global uncertainty and economic lockdowns are behind us.
What in the current stronger environment makes NZD merit venturing into the 5 year low ranges.
In fact, if NZ gets its act together on India partnership and FTAs, we should be well above the long-term mean, and back in the .70s again